Match the Options Below with the Correct Phrases

question 34

Multiple Choice

Match the options below with the correct phrases:
-perks

• A)an employee departs from a company
• B)the "extras" or fringe rewards granted to top managers
• C)"Why don't you and I have drinks at my house tonight so we can discuss your potential pay raise?"
• D)total authority of staffing function
• E)any criterion used for employment decisions
• F)searching for and encouraging qualified candidates to apply for employment
• G)the total process of attracting, developing, and retaining satisfied employees
• H)a horizontal employment move
• I)a formal, structured process of comparing employee accomplishments with expectations
• J)introducing and acclimating new employees to their work environment
• K)evaluating and determining the best fit of qualified employment candidates
• L)to move up in the organization
• M)providing employees with knowledge, skills, and proper attitudes to improve

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Definitions:

Wage Rate

The standard amount of pay given to workers per unit of time (e.g., hour, day) for their labor.

Labor Supply Curve

A graphical representation showing the relationship between the wages offered and the quantity of labor workers are willing to supply.

Competitive Conditions

The state of a market characterized by a large number of buyers and sellers, leading to price competition and innovation.